SFG Wealth Management LLC. Sells 810 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

SFG Wealth Management LLC. cut its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,674 shares of the company’s stock after selling 810 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 0.6% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 29th biggest holding. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,081,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPLG. Creative Planning lifted its position in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after acquiring an additional 915,823 shares during the period. Sumitomo Life Insurance Co. increased its stake in SPDR Portfolio S&P 500 ETF by 50.1% in the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares during the period. CWM LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of SPDR Portfolio S&P 500 ETF by 2.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock worth $267,536,000 after purchasing an additional 96,930 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.29 on Monday. The business has a 50-day simple moving average of $70.08 and a 200 day simple moving average of $67.45. SPDR Portfolio S&P 500 ETF has a one year low of $55.56 and a one year high of $71.64. The firm has a market capitalization of $40.99 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.